Propuesta metodológica para la incorporación de la NIIF 17 en las compañías de seguros de Guayaquil.

Abstract

The investigation arises from the need to determine the challenges that would be generated in the Insurance Companies that make up the insurance sector of the city of Guayaquil, considering that they do not apply the International Financial Reporting Standards as part of their accounting policies and procedures. In addition, the IFRS Foundation has published a definitive standard for Insurance Contracts called IFRS 17 Insurance Contracts, which proposes various methods for estimating the amounts from insurance contracts. Consequently, the problem arises from the need of the Insurance Companies to standardize their financial information with their users and local and international stakeholders for a better interpretation and decision making. So, the transversal non-experimental design was applied to address the study phenomenon in a certain period of time, so the written survey was used to obtain a macro view on the impact that IFRS 17 would generate as part of its policies in order to recognize the amounts coming from insurance contracts, expert interview were also applied to obtain deeper data and corroborate the perceptions of the participants. Consequently, by means of axial coding, the main challenges that would be generated were determined, so a four-step method was proposed for effective adoption that consists of an adoption scheme, risk analysis, contract categorization and evaluation form to validate the effectiveness of the future implementation.